📉 USDCHF Price Forecast 📉 USDCHF USDCHF has broken down the ascending channel with a strong bearish candle, signaling a shift to a downtrend. Currently, the pair is moving towards a retracement of the broken channel, where an order block is also present.
Traders should wait for a confirmation with a bearish candle and a breakdown of the 200 EMA to validate further downside movement toward our targets.
🎯 Technical Target Levels: 0.9020, 0.8980, and 0.8920.
📌 Key Highlights: -Ascending channel breakdown confirmed. -Retracement towards order block in progress. -Watch for 200 EMA breakdown for further bearish continuation. ✅ Stay connected!
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trade activated on the retracement level of ascending channel it's time fall...